RLinda ! BAKEUSDT-> Strong Coin. Potential for growth

14 Feb 2023

BAKEUSDT on the chart looks stronger than the flagship of the market. A resistance level of 0.2452 and the retest of this area is forming. What's next?

A downward price channel is marked, but recently cryptozyme is beginning to thaw.
Price has been strengthening by 5% since the opening, while bitcoin is in the red zone.
bake is strengthening after a false breakdown of the 200-day moving average and forms a retest of the local resistance at 0.2452, a breakdown of which could send the price to the range resistance and its breakdown

I expect the cryptocurrency pair to continue growing up to the breakdown of the area of 0.2600-0.2700 and strengthening to the medium-term target of 0.3000 with the potential of changing the medium-term trend. Medium-term target 0.2800, 0.3000, long-term target 0.3340, 0.4170

Regards R. Linda!

15 Feb 2023

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